Global stocks fall after Trump's China tariff threats Unlisted Video
5 years ago
522
According to Reuters, Stocks around the world tumbled on Monday and oil prices slumped after U.S. President Donald Trump threatened to raise tariffs on China, triggering an investor exodus from risky assets.
Trump said on Sunday he would raise tariffs on $200 billion worth of Chinese goods this week and target hundreds of billions more soon.
On Friday, he had cited good progress in trade talks and praised his relationship with Chinese President Xi Jinping.
U.S.
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